Shanghai Highly (600619.SH): Subsidiary Hailite Refrigeration sells cooling systems for lithography machines, with a relatively small business scale.

date
20/09/2024
avatar
GMT Eight
Shanghai Highly (600619.SH) issued a risk warning announcement, stating that the company has noticed relevant news reports. In order to avoid misleading investors, the company is now providing the following information: Shanghai Highly is mainly engaged in the research and development, production, and sales of refrigeration rotary compressors, refrigeration motors, and castings, as well as the research and development, production, and sales of automobile thermal management systems and key component products, mainly in the applications of household air conditioning and automobiles. The company's controlling subsidiary, Shanghai Haili Special Refrigeration Equipment Co., Ltd. (referred to as "Haili Special Cold"), is dedicated to the research and production of industrial equipment cooling systems. Its revenue mainly comes from the metallurgical industry high-temperature air conditioning and other areas. Haili Special Cold sells cooling systems for lithography machines, which is a small-scale business, and in the past three years, the sales revenue has accounted for less than 0.003% of Shanghai Highly's annual operating income.

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